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 Forex Version XII, Foreign Exchange Market Discussion

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forexcoder
post Sep 8 2013, 12:53 PM

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QUOTE(ProperTYcoon @ Sep 7 2013, 10:20 PM)
what do you guys think about the outcome for AUD on monday?
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I would say AUSUSD would go to 0.92777.
forexcoder
post Sep 8 2013, 10:45 PM

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This is what I predict, but we will have to see how it goes this week. It's daily chart.

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forexcoder
post Sep 9 2013, 09:52 AM

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QUOTE(ProperTYcoon @ Sep 9 2013, 09:00 AM)
lol that's your prediction, but what kind of prediction is this? what is is based?
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Yes, it is just my prediction. I might not be correct. I am trading based on support and resistance. Price action to be precise.
forexcoder
post Sep 9 2013, 03:13 PM

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If you are from the Philippines, then it should be okay. Generally, Oanda, Alpari(UK), MBtrading, and Dukascopy are great.

EDIT: By the way, Oanda is a market maker. The rest are ECN.

This post has been edited by forexcoder: Sep 9 2013, 03:14 PM
forexcoder
post Sep 9 2013, 05:20 PM

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QUOTE(sebastian.twz @ Sep 9 2013, 04:34 PM)
Bro, not to be rude, but all of them are market makers with ECN/STP. 99% of the brokers out there are running a hybrid model (market make what they can and send out real trades to the interbank). nod.gif
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Thanks for the info. I thought Alpari, MBTrading and Dukascopy have a choice for ECN account.
forexcoder
post Sep 9 2013, 05:22 PM

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Anybody here wants to share their statements, entries, exits, or anything related to today's trade?
forexcoder
post Sep 9 2013, 05:43 PM

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I am done for today. Just a few scalpings are enough.

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forexcoder
post Sep 9 2013, 11:13 PM

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EURGBP, Daily

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It's just a prediction. It would be great if we could share our thoughts. I want to know where you guys think the price is going.
forexcoder
post Sep 9 2013, 11:42 PM

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QUOTE(veron208 @ Sep 9 2013, 11:31 PM)
Mind to share your prediction is based on what ?
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Support, Resistance and Price Action. I don't really use sophisticated indicators because they are actually only telling/representing what the prices are.
forexcoder
post Sep 10 2013, 12:40 AM

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QUOTE(veron208 @ Sep 10 2013, 12:07 AM)
If you use S/R and Price Action, then it should a high probability setup ... no longer a prediction smile.gif
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Ya, probability would be a better word.
forexcoder
post Sep 10 2013, 10:41 AM

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I am not sure if it will go short after the bull bounce. But I have made a long order today.

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forexcoder
post Sep 10 2013, 01:49 PM

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Anyone here links his/her account with myfxbook? Mind showing them?
forexcoder
post Sep 11 2013, 02:25 PM

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QUOTE(sebastian.twz @ Sep 11 2013, 02:12 PM)
Why dont just wire the money back, its easier to explain since they can trace the transaction to the brokerage company and prove that is profir from investment/trading etc
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If I use a credit card for deposit and withrawal, can they trace that the transaction is from a brokerage company? Or it only applies to wire transfer?
forexcoder
post Sep 11 2013, 03:33 PM

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QUOTE(babienn @ Sep 11 2013, 02:58 PM)
Do you pay tax for your forex investment profit?
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Forex is like the stock market. Not taxable.
forexcoder
post Sep 12 2013, 11:08 PM

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Scalping is not stressful if you really follow your system. It's just that you have to be in front of the screen all the time.
forexcoder
post Sep 12 2013, 11:08 PM

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EDIT: Buggy.

This post has been edited by forexcoder: Sep 12 2013, 11:09 PM
forexcoder
post Sep 13 2013, 11:04 PM

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QUOTE(chetz @ Sep 13 2013, 09:30 AM)
Sharing some of my best ride...  sweat.gif
[attachmentid=3627476]
[attachmentid=3627477]
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Manual trade or using a robot? It seems that you opened many positions at once. And it looks like you have got a very nice profit there.
forexcoder
post Sep 14 2013, 11:26 PM

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QUOTE(zDarkForceSz @ Sep 14 2013, 10:17 AM)
I think EU is going down soon~

This week bag only 149.6pips home =x
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That's more than enough. My target is 80-100 pips, that's all.
forexcoder
post Sep 22 2013, 11:27 PM

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QUOTE(qwertyuioped @ Sep 22 2013, 07:56 PM)
yeah, most people who conduct these classes make their money mainly from classes ol. if they are so succesful why would they tell everyone? lol. but the guy that i mention above is an obvious nigerian scammer. "I make 300billion$ a week scalping from a week.". I just cant fathom this level is of absurdness. Yet people still fall for them. haih.
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300 Billion or Million? You can be the richest guy on earth in one week. Surprisingly, people still believe.
forexcoder
post Sep 24 2013, 11:12 AM

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QUOTE(eddyann @ Sep 24 2013, 08:59 AM)
I'm not sure. my buddies create it. I just adjust the code to change the lot size, TP, SL etc for fine tuning. anyway still going strong and I never interrupt or manual order in MT4. I knew it may not the best, but good enough already for me. no need to trade manually. rclxms.gif

23/08/2013 -> 23/09/2013 ~ P/L +USD 1200++ from USD 3000 (40% profit this month)

[attachmentid=3643722]
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Martingale is very dangerous. Depending on your strategy, martingale can blow your account if it experiences many consecutive losses. If your robot has less than 5 or so consecutive losses in the period of let's say 5 years, then it should be good. How many lots are you trading?
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